Sap Se

Sap Ag

Frank Andreas Raebiger

Lothar Muessler

Matthias Schauer

Ralf Handl

Michael Hladik

Christoph Meinel

Markus Fenn

Dirk Endesfelder

Roland Kolata

Mathias Vahle

Ekkehard Lange

Andreas S Borchardt

Described herein is a framework for controlling an accounting process for financial instruments. In accordance with one aspect of the framework, information associated with a financial instrument is received. Receiving the information includes creating a corresponding entry in a worklist. The received information is registered. A work package of relevant accounting steps is derived based on the registered information. A plurality of dates having an open status is determined. The dates indicate when the relevant accounting steps are to be executed. The relevant accounting steps are executed according to the determined dates.

Method for controlling an accounting process for financial instruments

Systems and methods for a centralized approach to multidimensional accounting are provided. Exemplary embodiments of systems and methods include the creation of GAAP-independent and GAAP-dependent posting documents in an accounting database. The GAAP-independent and GAAP-dependent posting documents may be stored separately in the accounting database, and a given GAAP-independent posting document may be associated with multiple GAAP-dependent posting documents, allowing for significant reductions in data volume and data reconciliation processing costs.

Centralized GAAP approach for multidimensional accounting to reduce data volume and data reconciliation processing costs

In a banking application system including numerous banking applications, a data management framework allows for the generalized storage and subsequent access of result data. Through the application of the framework to the raw processing data generated by one of the banking applications, the result data is stored in a general storage location. Through this framework, the data is then readily accessible by all other banking applications. This framework includes a header field, characteristics data and key figure data. This removes proprietary restrictions on the data itself and thus makes it available to the other applications, increasing cross-system efficiency by allowing other applications to access and subsequently use the result data.

Framework for integrated storage of banking application data

Growing community of inventors

Bammental, Germany

Frank Andreas Raebiger